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21:14, 19-Oct-2022
InFocus: OPEC announces biggest cut since beginning of pandemic
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The Organization of the Petroleum Exporting Countries (OPEC) has agreed to steep oil production cuts, curbing supplies in an already tight market. The U.S. has called the surprise decision "shortsighted." The group of major oil producers, including Saudi Arabia and Russia, announced the production cut after its first in-person meeting since March 2020. The reduction is equivalent to roughly 2 percent of global oil demand. CGTN's You Yang has more.
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Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466